Duke Energy (DUK) Declares $0.945 Quarterly Dividend; 4.2% Yield
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January 3, 2020 12:09 PM EST
Mizuho Securities analyst Anthony Crowdell raised the price target on Duke Energy (NYSE: DUK) to $91.00 (from $90.00) while maintaining a Neutral rating.
Analyst comments: "South Carolina coal ash uncertainty expected to continue. Although the company's coal ash exposure is much less in SC (estimated... More
January 2, 2020 11:23 AM EST
UBS analyst Daniel Ford reiterated a Buy rating and $105.00 price target on Duke Energy (NYSE: DUK).
The analyst is positive on the settlement with the NC Dept. of Environmental Quality.
Ford comments "Under the settlement, DUK will excavate 7 of its 9 remaining... More
January 2, 2020 8:03 AM EST
In a major achievement that puts the coal ash debate to rest in North Carolina, state regulators, community groups and Duke Energy (NYSE: DUK) have agreed to a plan to permanently close the company's remaining nine coal ash basins in the state, primarily by excavation with ash moved to lined landfills.
The agreement announced today by Duke Energy, North Carolina's Department of Environmental Quality (NCDEQ) and groups represented by the Southern Environmental Law Center (SELC) details a reasonable and prudent plan for basin closure that continues to protect people, communities and the... More
